Earlier Report Observations
The market volume for base metal hat-racks, hat-pegs, brackets and similar fixtures in Denmark experienced significant fluctuations between 2018 and 2024. After an initial decline from 1 988 t in 2018 to 1 704 t in 2020, the market entered a recovery phase, growing to 1 885 t by 2022.
This upward trend was reversed in 2023 when consumption fell to 1 703 t. The market then rebounded sharply in 2024, reaching 2 098 t, its highest level in the observed period. Domestic production remained a minor component of supply, while import volumes were the dominant factor determining overall market size.
Table of content
- 1. Disclaimer
- 2. Terms of use of the report
- 3. Product codes in the statistical classifications used in the report
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4. Key Market Indicators and Trends
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4.1. Key Market Indicators
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4.1.1. In kind
- 4.1.1.1. Production, 2018-2024
- 4.1.1.2. Imports, 2018-2025
- 4.1.1.3. Exports, 2018-2025
- 4.1.1.4. Market size, 2018-2024
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4.1.1. In kind
- 4.2. Market Trends and Factors
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4.1. Key Market Indicators
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5. Production
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5.1. Production in Denmark
- 5.1.1. In kind, 2018-2024, t
- 5.1.2. In value, 2018-2024, K $ US
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5.2. Production in the EU, 2018-2024
- 5.2.1. In kind, 2018-2024, t
- 5.2.2. In value, 2018-2024, K $ US
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5.1. Production in Denmark
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6. Imports
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6.1. Imports (Direct Data)
- 6.1.1. Imports - Total information
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6.1.2. Imports in kind, t
- 6.1.2.1. Annual dynamics of product's imports to Denmark in kind, 2018-2025, t
- 6.1.2.2. Dynamics of product's imports in kind to Denmark by countries, 2018-2025, t
- 6.1.2.3. Structure of product's imports in kind by countries, 2018-2025
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6.1.3. Imports in value, K $ US
- 6.1.3.1. Annual dynamics of product's imports to Denmark in value, 2018-2025, K $ US
- 6.1.3.2. Dynamics of product's imports in value to Denmark by countries, 2018-2025, K $ US
- 6.1.3.3. Structure of product's imports in value by countries, 2018-2025
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6.1.4. Average price of product's imports, $ US/kg
- 6.1.4.1. Annual dynamics of average price of product's imports to Denmark, 2018-2025, $ US/kg
- 6.1.4.2. Dynamics of average price of product's imports to Denmark by countries, 2018-2025, $ US/kg
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6.2. Imports (Mirror Data)
- 6.2.1. Imports - Total information
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6.2.2. Imports in kind, t
- 6.2.2.1. Annual dynamics of product's imports to Denmark in kind, 2018-2025, t
- 6.2.2.2. Dynamics of product's imports in kind to Denmark by countries, 2018-2025, t
- 6.2.2.3. Structure of product's imports in kind by countries, 2018-2025
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6.2.3. Imports in value, K $ US
- 6.2.3.1. Annual dynamics of product's imports to Denmark in value, 2018-2025, K $ US
- 6.2.3.2. Dynamics of product's imports in value to Denmark by countries, 2018-2025, K $ US
- 6.2.3.3. Structure of product's imports in value by countries, 2018-2025
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6.2.4. Average price of product's imports, $ US/kg
- 6.2.4.1. Annual dynamics of average price of product's imports to Denmark, 2018-2025, $ US/kg
- 6.2.4.2. Dynamics of average price of product's imports to Denmark by countries, 2018-2025, $ US/kg
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6.1. Imports (Direct Data)
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7. Exports
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7.1. Exports (Direct Data)
- 7.1.1. Exports - Total information
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7.1.2. Exports in kind, t
- 7.1.2.1. Annual dynamics of product's exports from Denmark in kind, 2018-2025, t
- 7.1.2.2. Dynamics of product's exports in kind from Denmark by countries, 2018-2025, t
- 7.1.2.3. Structure of product's exports in kind by countries, 2018-2025
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7.1.3. Exports in value, K $ US
- 7.1.3.1. Annual dynamics of product's exports from Denmark in value, 2018-2025, K $ US
- 7.1.3.2. Dynamics of product's exports in value from Denmark by countries, 2018-2025, K $ US
- 7.1.3.3. Structure of product's exports in value by countries, 2018-2025
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7.1.4. Average price of product's exports, $ US/kg
- 7.1.4.1. Annual dynamics of average price of product's exports from Denmark, 2018-2025, $ US/kg
- 7.1.4.2. Dynamics of average price of product's exports from Denmark by countries, 2018-2025, $ US/kg
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7.2. Exports (Mirror Data)
- 7.2.1. Exports - Total information
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7.2.2. Exports in kind, t
- 7.2.2.1. Annual dynamics of product's exports from Denmark in kind, 2018-2025, t
- 7.2.2.2. Dynamics of product's exports in kind from Denmark by countries, 2018-2025, t
- 7.2.2.3. Structure of product's exports in kind by countries, 2018-2025
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7.2.3. Exports in value, K $ US
- 7.2.3.1. Annual dynamics of product's exports from Denmark in value, 2018-2025, K $ US
- 7.2.3.2. Dynamics of product's exports in value from Denmark by countries, 2018-2025, K $ US
- 7.2.3.3. Structure of product's exports in value by countries, 2018-2025
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7.2.4. Average price of product's exports, $ US/kg
- 7.2.4.1. Annual dynamics of average price of product's exports from Denmark, 2018-2025, $ US/kg
- 7.2.4.2. Dynamics of average price of product's exports from Denmark by countries, 2018-2025, $ US/kg
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7.1. Exports (Direct Data)
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8. Trade balance
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8.1. Trade balance (Direct Data)
- 8.1.1. In kind, t
- 8.1.2. In value, K $ US
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8.2. Trade balance (Mirror Data)
- 8.2.1. In kind, t
- 8.2.2. In value, K $ US
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8.1. Trade balance (Direct Data)
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9. Top buying and selling countries, 2018-2025
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9.1. Direct Data
- 9.1.1. Import in Value by Countries-buyers
- 9.1.2. Export in Value by Countries-suppliers
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9.2. Mirror Data
- 9.2.1. Import in Value by Countries-buyers
- 9.2.2. Export in Value by Countries-suppliers
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9.1. Direct Data
Production brackets and hat-racks in Denmark
In value, 2018-2021, K $ US
After two years of growth, Denmark's production of brackets and hat-racks declined in 2021. Output was valued at 831 K $ US, marking a 25.4% decrease from the previous year. Between 2018 and 2021, production fell by 21%, translating to an annualized rate of 7.5%. The highest value was recorded in 2020 at 1 114 K $ US, which saw the largest increase of 3.3%.
Annual dynamics of production in Denmark in value, 2018-2021, K $ US
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 2.6% | 3.3% | (25.4%) | (7.5%) |
In kind, 2018-2021, t
In 2021, Denmark produced 292.1 t of brackets and hat-racks, a significant drop of 14.5% compared to 2020. From 2018 to 2021, production decreased by 10.8%, with a compound annual growth rate (CAGR) of -3.8%. The peak was in 2020 at 341.7 t, following the largest increase of 4.3% in 2019.
Annual dynamics of production in Denmark in kind, 2018-2021, t
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 4.3% | 0.0% | (14.5%) | (3.8%) |
Exports brackets and hat-racks from Denmark
Exports in kind, t
Exports of brackets and hat-racks from Denmark have risen for the third year in a row. In 2021, volumes reached 1 000 t, up 12.0% year-over-year. Between 2018 and 2021, exports surged by 92.2%, with a CAGR of 24.3%.
Annual dynamics of product's exports from Denmark in kind, 2018-2021, t
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 43.9% | 19.2% | 12.0% | 24.3% |
From 2018 to 2021, Sweden, Norway, and Germany were the top destinations for Denmark's exports in kind. Sweden accounted for 30.4% of exports, Norway for 13.4%, and Germany for 7.9%, together making up 51.7% of total flows.
Structure of product's exports in kind by countries, 2018-2021
World map of product's exports from Denmark in kind, 2018-2021
Exports in value, K $ US
Denmark's exports of brackets and hat-racks in value terms hit 16 505 K $ US in 2021, a 21.5% increase from the previous year. Between 2018 and 2021, exports grew by 101%, equivalent to an annualized rate of 26.2%. The largest decline occurred in 2020 at 0.9%, while the biggest jump was in 2019 with a 66.9% rise.
Annual dynamics of product's exports from Denmark in value, 2018-2021, K $ US
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 66.9% | (0.9%) | 21.5% | 26.2% |
Over the 2018–2021 period, Denmark's exports in value terms were distributed across many countries. Sweden led with 23.4% of exports, followed by Germany and Norway, each at 12.1%, collectively representing 47.6% of total flows.
Structure of product's exports in value by countries, 2018-2021
World map of product's exports from Denmark in value, 2018-2021
Imports brackets and hat-racks to Denmark
Imports in kind, t
Imports of brackets and hat-racks into Denmark have increased for the second consecutive year. In 2021, volumes amounted to 2 528 t, up 12.1% from 2020. From 2018 to 2021, imports rose by 15.9%, with a CAGR of 5.0%. The lowest volume was in 2019 at 2 175 t, which also saw the largest decline of 0.3%.
Annual dynamics of product's imports to Denmark in kind, 2018-2021, t
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (0.3%) | 3.7% | 12.1% | 5.0% |
Between 2018 and 2021, China, Sweden, and Germany were the main suppliers of brackets and hat-racks to Denmark in kind. China contributed 35.5% of imports, Sweden 32.2%, and Germany 13.9%, together accounting for 81.6% of total imports.
Structure of product's imports in kind by countries, 2018-2021
World map of product's imports to Denmark in kind, 2018-2021
Imports in value, K $ US
Imports of brackets and hat-racks into Denmark have grown for the second year running. In 2021, the value reached 22 398 K $ US, a sharp 35.2% increase compared to 2020. From 2018 to 2021, imports climbed by 39.3%, with an annualized rate of 11.7%. The lowest value was in 2019 at 15 504 K $ US, which experienced the largest decline of 3.6%.
Annual dynamics of product's imports to Denmark in value, 2018-2021, K $ US
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (3.6%) | 6.9% | 35.2% | 11.7% |
Throughout 2018–2021, Sweden, China, and Germany were the key partners for Denmark's imports in value terms. Sweden accounted for 28.4% of imports, China for 27.0%, and Germany for 19.8%, together making up 75.2% of total flows.
Structure of product's imports in value by countries, 2018-2021
World map of product's imports to Denmark in value, 2018-2021
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